ANI
18 Apr 2025, 22:55 GMT+10
Abu Dhabi [UAE], April 18 (ANI/WAM): Abu Dhabi Health Data Services (ADHDS), a cornerstone of M42's Digital Health Solutions (DHS) platform, today announced a transformative strategic partnership with SRI International (SRI), a research and development leader based in Silicon Valley, USA, and VantageBridge Partners, a private equity firm headquartered in the Abu Dhabi Global Market (ADGM).
The collaboration will establish a pioneering Innovation Hub in Abu Dhabi, positioning the Emirate as a global epicentre for AI and healthcare breakthroughs. The Innovation Hub will serve as a catalyst for digital health transformation, fostering the growth of startups, driving cutting-edge research, and facilitating the exchange of intellectual property and global expertise.
Announced during ADGHW, the partnership was formalised through an agreement signed in the presence of Mansoor Al Mansoori, Chairman of the Department of Health - Abu Dhabi (DoH), and Hasan Jasem Al Nowais, Managing Director and Group Chief Executive Officer of M42.
The signing ceremony featured Kareem Shahin, CEO of M42's Digital Health Solutions platform, Peter Marcotullio, Senior Vice President of Commercialisation at SRI, and Alain Baron, Founder and CEO of VantageBridge Partners.
By integrating ADHDS's advanced healthcare data infrastructure with SRI's unparalleled R&D capabilities and VantageBridge's expertise in securing investment and market access, this partnership will create a robust ecosystem that attracts top-tier talent, fuels economic diversification, and positions Abu Dhabi at the forefront of AI-driven healthcare solutions. VantageBridge Partners has committed to leading commercialisation activities to support significant investment, while SRI will establish an exclusive relationship with ADHDS for healthcare and AI initiatives across the Middle East, Turkey, and Africa (META) region.
Mansoor Al Mansoori, Chairman of the Department of Health - Abu Dhabi, emphasised, 'This partnership reflects our unwavering commitment to building a world-class healthcare ecosystem powered by innovation and global collaboration. The Innovation Hub will play a pivotal role in advancing research, attracting exceptional talent, and delivering transformative health solutions that extend far beyond Abu Dhabi, benefiting the region and the world.'
Peter Marcotullio, Senior Vice President of Commercialisation at SRI, added, 'We are thrilled to partner with ADHDS and VantageBridge to create this Innovation Hub in Abu Dhabi. By combining SRI's expertise in research and technology with ADHDS's vision for healthcare transformation and VantageBridge's investment acumen, we are poised to unlock groundbreaking innovations that will redefine the global healthcare landscape and improve lives worldwide.'
Kareem Shahin, CEO of M42's Digital Health Solutions platform, highlighted, 'This collaboration with SRI and VantageBridge is a landmark moment in our mission to build a future-ready healthcare ecosystem. The Innovation Hub will serve as a global platform for pioneers and entrepreneurs, harnessing the power of AI to address tomorrow's healthcare challenges. Abu Dhabi is now positioned to lead the world in AI-driven healthcare innovation, amplifying our impact on health outcomes globally.'
Alain Baron, Founder and CEO of VantageBridge Partners, underscored, 'This strategic partnership aligns perfectly with the Department of Health's vision to establish Abu Dhabi as a global leader in health innovation. By fostering investment opportunities and accelerating research, we are not only addressing critical healthcare challenges but also creating a lasting legacy of technological progress, economic growth, and enhanced well-being across the region.'
This collaboration aligns with Abu Dhabi's broader vision to become a world-class destination for health innovation and a hub for life sciences, reinforcing its role as a leader in the global healthcare sector. (ANI/WAM)
Get a daily dose of Middle East Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Middle East Star.
More InformationDUBLIN, Ireland: With tariffs from the United States beginning to bite, Irish businesses are already feeling the pressure, prompting...
Abu Dhabi [UAE], April 18 (ANI/WAM): Abu Dhabi Health Data Services (ADHDS), a cornerstone of M42's Digital Health Solutions (DHS)...
New Delhi [India], April 18 (ANI): External Affairs Minister S Jaishankar met Tanzanian Prime Minister Kassim Majaliwa in New Delhi...
Washington [US], April 18 (ANI): Filmmaker Ryan Coogler shared that he went through a period of 'complicated grief' after actor Chadwick...
Thiruvananthapuram (Kerala) [India], April 18 (ANI): Prime Minister Narendra Modi will on May 2 inaugurate Vizhinjam International...
Uncertainty is costly, organization chief Kristalina Georgieva has said, citing stalled investment, slower growth, and rising inflation...
WASHINGTON, D.C. President Donald Trump's administration wants to cut the State Department's budget by nearly half, according to documents...
KOKOMO, Mississippi: Myrtle, a beloved pet tortoise, is back with his family in Mississippi after being lost for weeks during a deadly...
NEW YORK CITY, New York: The helicopter tour company involved in a recent crash that killed a pilot and a visiting family from Spain...
WASHINGTON D. C.: President Donald Trump's administration announced late last week that it would stop all federal education funding...
JAKARTA, Indonesia: Indonesia is preparing a high-level visit to Washington with an ambitious offer to avert steep U.S. tariffs on...
WASHINGTON, D.C.: The U.S. Military Academy and the U.S. Air Force Academy will no longer use race when deciding who gets in. For many...